EURUSD potential Forecast | Thursday 8th December 2022

Hi there guys,

I mainly use ICT Concepts for my trading.

Here's a trade idea for Thursday, 8th December 2022.

Idea
Looking for price to possibly tap into the 1.04841 area where the 61.8% Fibonacci line and FVG are located. Expecting price to possibly reverse from that area to clear the liquidity resting above.

Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift

For entries, always use confirmations on the smaller timeframes! Stay safe trading!

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Regards,
Chen Yongjin